Newly Released Rich Poor Gap Charts Show Gap Increasing Faster

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Newly Released Rich Poor Gap Charts Show Gap Increasing Faster

As the economy and job outlook continues to be stagnant, the rich poor gap is growing faster as these rich poor gap charts show. As the great recession of 2009 and the economic slump that followed have triggered a jobs crisis that’s been making headlines since before President Obama was in office, and that will likely be with us for many years to come. On the other hand, the American economy is also being hampered by a less newsworthy, more easily overlooked problem. To put it into simply terms, over the last 30 years, the gap between rich and poor has expanded into a full blown chasm.

These types of gradual developments don’t typically lend themselves to news coverage, especially since they are owned and run by that same population that is outpacing 99% of Americans in earnings. But a magazine titled Mother Jones magazine has crunched the data on inequality in America, and has put together a group of highly detailed, stunning new charts. When these charts and their data are taken in context together, they offer a dramatic visual depiction of who’s doing better and who’s not doing so good in modern America.

We post this new truth in light of current and past events of corporate malfeasance and unethical behaviors which have put the world economies in serious jeopardy. Whom we must ask, were behind these acts and were they just irresponsible, unethical, criminal acts at face value, or were there deeper motivations for these acts of corporate negligence. This may or may not be a conspiracy, as it will never be able to be proven, but one has to wonder, as I do at times, as to what motivates these people at times. Pure greed and lust for power are a part of human nature that we must overcome if we are truly committed to saving the planet. These will be major obstacles in any endeavor we make to try and clean up the planet and attempt to limit the amount of damage that may be done in the future from our current actions regarding co2 and other harmful emissions as money will always be an issue which we not be able to overcome.

As the rich keep getting richer, and now the poor growing in numbers by the day, the American dream is slipping away and becoming just what it’s name implies, a dream, and becoming further out of reach for most. While crooks, con men, thieves, and other unscrupulous business people get richer, most of us fear for our jobs, have to take pay cuts, or can’t even find a decent paying job. It seems that a sort of criminal element has taken over the reigns in charge of the money, and truly criminal actions are taking place behind the scenes on larger and larger scales in the handling of this money, and they have become legal, thanks to a handful of politicians whom are no doubt profiting themselves from such activities in one way or another.

Now state and local governments whom are strapped for cash due to this legal banking negligence, are taking it out on the unions, and trying to dismantle them. This is something that has been long in coming, as government workers have long been overpaid and under worked, for the most part. How many of us drive by the city workers with 5 to 10 standing around and one doing the work. There is obviously a lot of waste going on in government spending, and we needed to eliminate that a long time ago, but we didn’t. We went along with the game, thinking the money, jobs, pensions, and nepotism would be available in unlimited supply for ever. That is another part of the problem, and needs to be addressed. School unions are notorious for defending bad teachers unfortunately, as are other unions, but not to the same scale as the teachers unions are from my knowledge. This is the fuel for the governments lashing out against them, and their collective bargaining powers, at least part of it at least. I agree to a certain degree that some unions have overstepped their bounds and gained unfair advantages at the cost of taxpayers, and the regular working Joe for that matter too. But there is also a problem when we attempt to strip away the rights of these same people. What will be next, it more than likely will be you and me, when the next economic crisis hits us, which isn’t too far off if we can’t make substantial gains in reducing our dependence on oil. If that goes to $5 dollars a gallon, which may very well happen, we will probably see a stag cession, where we will endure higher inflation and recession simultaneously.

Point of the matter here is, at the end of the day, jobs being outsourced, Wall Street profits placed above and beyond anything else, sooner or later, who will be able to afford their crap. Capitalism may be okay when it is monitored closely, as greed and human nature can grow rampant in such an environment, and it has proven true time and time again. With the planet’s eco-systems and environment also in disarray, we are facing a perfect storm here of economic and capitalistic collapse. As oil hits $100 dollars a barrel yesterday due to the uncertainty of the situation in the Middle East, it only adds fuel to the impending collapse of an already fragile economy. Oil is in everything we touch, eat, drink, wear, drive, hear, see, and fell. If it isn’t directly added to, or used in the manufacturing of these products, it most certainly is used in the transportation and delivery, housing, cooling, heating, ect. This will mean a price jump in everything, including the food we eat, which is already putting a larger dent in peoples pockets and making it harder to feed those in real hunger around the globe.

The rich poor gap is one of many issues we have, but it may be the most important, as only a handful of these ‘rich’ are philanthropists. Most donate to charity to only avoid taxes I imagine, and that only compounds the problem. What worries me most is those whom are on a fixed income and can’t fend for themselves. They are usually the first to suffer in any economic downturn, and it gets worse with every downturn we get. And all the while our politicians have been arguing over building roads to nowhere, bridges to nowhere, giving themselves raises, and pats on the back, and padding their pockets with blood money from those less fortunate. This is an ethical issue which cannot be overlooked anymore. A government for the people, by the people, should be for the people, not for the few. As the gap between the rich and poor widens, so do the strains on our relationships, and so do the barriers between us. We this country was created, it was under the impression that all men were created equal, but that has apparently gotten lost somewhere in the translation. we need to put the people back in government, not the rich, or their puppets, and get back to reality. The party is over for everyone, except for the rich I imagine, and they are smiling all the way to their banks, which literally stole billions of dollars from us, and continue to do so with unscrupulous actions and charges.

But, as we promised, back to the story and the rich poor gap charts.

Here are three samples of the rich poor gap charts:

This chart shows that the poorest 90 percent of Americans make an average of $31,244 a year, while the top 1 percent make over $1.1 million:

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Average Income Per Family

• According to this chart, most income groups have barely grown richer since 1979. But the top 1 percent has seen its income nearly quadruple:

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Average Hosehold Income and Changes in Share of Income

• And this chart suggests most Americans have little idea of just how unequal income distribution is. And that they’d like things to be divvied up a lot more equitably:

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Actual Distribution of Wealth Compared To What Americans Percevie it to be and what they think it should be

Chart showing US attitudes on wealth inequality

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